Câu hỏi:

11/09/2023 749

(1) Interest is the sum charged for borrowing money for a fixed period of time. Principal is the term used for the money that is borrowed, and the rate of interest is the percent per year of the principal charged for its use. Most of the profits for a bank are derived from the interest that they charge for the use of their own or their depositor’s money.

(2) All problems in interest may be solved by using one general equation that may be stated as follows:

Interest = Principal X Rate X Time

(3) Any one of the four quantities – that is, interest, principal, rate, or time – may be found when the other three are known. The time is expressed in years. The rate is expressed as a decimal fraction. Thus, 6 percent interest means six cents charged for the use of $1 of principal borrowed for one year. Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year. For purpose of computing interest for short periods, the commercial year or 360 days is commonly used, but when large sums of money are involved, exact interest is computed on the basis of 365 days.

With what topic is this passage primarily concerned?

(A) Profits

(B) Rate

(C) Interest

(D) Principal

Xem lời giải

Câu hỏi trong đề: 32000 bài tập tách từ đề thi thử môn Tiếng Anh có đáp án !!

Bắt đầu thi

Trả lời:

Giải bởi Vietjack

Đáp án C

A. Profits: Lợi nhuận

B. Rate: lãi suất

C. Interest: Tiền lãi

D. Principal: Tiền gửi

Câu hỏi cùng đoạn

Câu 2:

The word “fixed” in paragraph 1 is closest in meaning to

(A) Definite

(B) short

(C) repeated

(D) trial

Xem lời giải

Lời giải của GV VietJack

Đáp án A

A. definite ó fixed: Cố định

B. short: ngắn

C. repeated: lặp lại

D. trial: thử

Câu 3:

At 4 percent interest for the use of $1 principal, how much would one pay?

(A) Six cents per year

(B) Twenty-five cents per year

(C) Four cents per year

(D) One cent per year

Xem lời giải

Lời giải của GV VietJack

Đáp án C

(2) “Interest = Principal X Rate X Time”

Interest = $1 x 4% x 1 = $ 0.04 = 4 cents

Câu 4:

Which of the following would be a correct expression of an interest rate as stated in the equation for computing interest?

(A) Four

(B) 04

(C) 4

(D) 4/100

Xem lời giải

Lời giải của GV VietJack

Đáp án B

(3) The rate is expressed as a decimal fraction

Câu 5:

Most applications for loans are for

(A) one year

(B) less than one year

(C) more than one year (D) 360 days

Xem lời giải

Lời giải của GV VietJack

Đáp án B

(3) Although the time may be less than, equal to, or greater than one year, most applications for loans are for periods of less than one year

Câu 6:

The word “periods” in paragraph 3 refers to

(A) time

(B) loans

(C) applications

( D) interest

Xem lời giải

Lời giải của GV VietJack

Đáp án A

A. time <-> period: khoảng thời gian

B. loans: tiền cho vay

C. application: ứng dụng

D. interest: lãi

Câu 7:

A commercial year is used to compute

(A) exact interest

(B) interest on large sums of money

(C) interest on a large principal

(D) interest for short periods of time

Xem lời giải

Lời giải của GV VietJack

Đáp án D

(3) For purpose of computing interest for short periods, the commercial year or 360 days is commonly used

Bình luận

Câu 1:

It can be inferred from the passage that the Sun ___.

A. has been in existence for 10 billion years

B. is approximately halfway through its life as a yellow dwarf

C. will continue to be a yellow dwarf for another 10 billion years

D. is rapidly changing in size and brightness

Xem đáp án » 11/09/2023 4,842

Câu 2:

With which of the following topics is the passage primarily concerned?

A. The Paleolithic period

B. Subsistence farming

C. Hunter-gatherers

D. Marginal environment

Xem đáp án » 11/09/2023 2,122

Câu 3:

What does the passage mainly discuss?

A. Advances in iron processing in the eighteenth and nineteenth centuries.

B. The effects of the Industrial Revolution on traditional architectural styles.

C. Advantages of stone and timber over steel as a building material.

D. The evolution of the use of iron in architecture during the 1800’s.

Xem đáp án » 09/05/2025 2,074

Câu 4:

What is the author’s main purpose in the passage?

A. To explain how Grace Bedell took a photograph of Abraham Lincoln

B. To explain why Abraham Lincoln wore a beard

C. To explain why the first photographs were significant in American life

D. To explain why Westfield is an important city

Xem đáp án » 11/09/2023 1,142

Câu 5:

Reading aloud was more common in the medieval world because .

A. few people could read to themselves

B. there were few places available for private reading

C. silent reading had not been discovered

D. people relied on reading for entertainment

Xem đáp án » 11/09/2023 1,010

Câu 6:

Where do protozoans probably live?

(A) Water

(B) Sand

(C) Grass

(D) Wood

Xem đáp án » 11/09/2023 882

The word “fixed” in paragraph 1 is closest in meaning to

At 4 percent interest for the use of $1 principal, how much would one pay?